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Reply to "Biglaw - twelfth-year associate??"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a non-partner at a top biglaw firm. I'm in a prominent practice group. I've been practicing for almost two decades, but the first half was not at a firm, so I kind of started over when I came here. My reviews have consistently said my work is at the absolute highest level. I consistently bill 2000 hours. I consistently originate at least $500k. I run matters and manage client relationships. And my group has put me up for partner multiple times, but management rejects me every time entirely for business reasons. It's single-tier; I'm 100% certain I'd be at least an income partner at any two-tier firm. My firm is thrilled to have me stay on, since they're making about $2 mil off me annually. On the one hand, I make more money than 99.9% of the population. On the other hand, it seems like all my peers, and a lot of junior people who couldn't even shine my shoes as a lawyer, have made partner at my firm and others, and it really sucks because of the money, status, and control they get. But I'm basically trapped unless I want to take a huge pay cut to go into government or a nonprofit, which I don't. [/quote] You don't have a big enough book of business at $500k, and they don't want you to have one because you'll be entitled to partnership.[/quote] I'm counsel making Cravath scale. Yeah, I don't have enough of a book to lateral somewhere comparable as a partner, but most people who were elevated had a smaller book (or no book).[/quote] What you're saying is you'd rather be a perpetual associate at Cravath (eventually those partners who couldn't shine your shoes that you look down on will fire, but until then...) than a partner elsewhere [/quote] Um, that's really not what I said. Find me a good firm that will bring me in as a partner and I'll go. So far, I haven't found it.[/quote] Maybe lateral somewhere as counsel where you have the possibility of being elevated to partner? The path forward could be part of the discussion. Or go solo with low overhead and pocket most of the 500K, if your clients would follow you. [/quote]
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